Why People Love Prophix
It’s thanks to our dedicated and hardworking customers that we have one of the highest customer satisfaction scores in the industry. Their feedback and direction help make us the best FP&A software on the market. Prophix's usability, availability, and performance support business' strategies for today and tomorrow. We appreciate every user who took the time to share their experience with other finance professionals looking to transform their finance function.
Shortened month end process considerably. Fairly intuitive to use once using the system for a while. The customer success team are great at providing advice and providing bespoke support to upskilling admin users. So much potential in the system and enjoy spending time thinking about how the system could solve issues we experience as an organisation. Relatively easy for al users, even outside of 'super users', to get on board with the basics.
Dramatically reduces the amount of time it takes to get the info that I need....this is huge!
Ad-Hoc analysis is an incredible tool to have in your tool box.
I can have access to financial reports quickly!
Connect with others using Prophix....ask questions....see a demo....definitely use RED CARPET!
The request for the WHY behind the numbers is one of the most important responsibilities. Prophix gives me the tools to do my job and do it quickly and accurately.
It turns financial information into easy-to-read reports that even the non-accounting employees have no trouble understanding. It is also easy to "pivot" the data so it can be looked at in a different way. It is also very helpful that our company has its own Administrators and doesn't need Prophix to create reports for us. When we do need help, the Prophix employees are very knowledgeable, and they have a background in Accounting so they understand our needs and our "lingo".
It was very easy to be able to pick up the basics of Prophix. Without being an expert I am still able to get everything I currently need from the system. In my experience Prophix is a great system for end users because it is fairly simple to pick up. While I think being in an administrator role is much more complex, for a large company with many users I think Prophix functionality has been great. I use Prophix in my role mainly for financial projection and budget, as well as a way to access general ledger detail. Prophix has simplified all of these processes for me and my team.
The training and customer service is excellent. They really want customer satisfaction and they are dedicated to creating a long term relationship. Seemless report consolidation. Online reporting of financials. Accurate data quickly and readily available.
Prophix has helped us achieve a streamlined efficient budget process which involves the entire company through workflows and direct input templates. Its controlled and clean as well as Prophix has simplified our internal reporting based of the General ledger. The DPM module is quite efficient in budgeting the payroll planning side of the business from ground up. On the other hand, the adhoc functionality is great for slicing and dicing data for quick analysis.
If implemented properly its a long term investment. Workflow is the best tool to be used during Budget season. Gives an opportunity every user to concentrate on their own task and department and at the end see results via statements and make changes as necessary. Line items details gives them an opportunity to work though details and eliminate or add while working on the budgets.
I can't think of any reporting where Prophix would not be useful. You can get as high level or as detailed as you would like. High-level reporting can also be drilled down if needed. Budgeting is also extremely dynamic. Some major successes have been some non-financial use cases, especially pertaining to COVID-19 and it's impact on our company. Using Prophix and building new things has forced me to really learn where our data lives and what it's telling me.
Prophix is well suited for a company with multiple ERPs and/or a company making acquisitions. We have implemented consolidated global financial reporting, global budgeting, global forecasting and value stream reporting. All have been big wins with our user community! Our experience from first interaction with Prophix during sales all the way through implementation has been great! Of course, a key part of that is picking the right implementation partner, and we have an excellent consultant that assists us.
It is great for running complex processes on large steps of data. Some manual manipulation scenarios and calculations are still better in Excel. However, the prophix for excel functionality has allowed us to combine both tools to create the reporting, templates, and models that we need. It's one of the functions we utilize the most.
Prophix has been a win on many levels. After struggling to use SAP BPC for planning, we were looking for agility, lower costs, Finance administration vs. IT administration, robust processing and stable functionality with no Excel front-end complications. The cloud platform has been stable, robust, and quarterly updates are solid and always bring new functionality to the table. The ability to leverage Sequel and Microsoft has driven innovation and allowed the blending of data from multiple sources. Prophix allows for agility and creativity while offering best practice frameworks.
I am so delighted to work on this technical platform, it is very easy to use and the analytical output it provides is great. We use this to generate a lot of modeling work and also do the analytics. I and my team will highly recommend this product to use if you are working in the data analytics and modeling field.
We are utilizing Prophiix in budgeting and reporting across all departments of our organization.Each department have to put thier budget which are then submitted to the finance department for harmonization and tracking. This is a software that has helped us greatly in making sure that we remain organized and make sure tge departmental budget are done timely. Easy to use such that one can create and run the budget effortlessly.
It is a fairly complete platform that helps the professional to carry out their financial activities more quickly and with a precision that is remarkable for other control systems of tasks and actions related to financial management. This tool combines systems of formulas, reports, metrics in an automated and fluid way. It mainly helps to control each area that is carried out in financial processes, whether it has to do with written information or those that require complete and exact calculations, since it has an excellent calculation system that makes it reliable and efficient when using it.
As an end user Prophix has been pretty easy to pick up and understand. It provides great insight into the general ledger and has made forecasting and budgeting a lot easier. I like that it provides a comprehensive view of the general ledger financial data. I like having the ability to create different types of reports and felt it was easy to understand how to create these types of reports.
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